Netflix, Warner Bros. and Ellisons
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Warner Bros. Discovery disclosed Zaslav would receive more than $500 million in equity if Netflix’s bid closes.
Who do you believe? The battle for control of Warner Bros. and HBO is coming down to an enormous bet on competing visions of the future of the entertainment industry. On Dec. 5, Netflix landed a whale of a deal that sent shock waves through the community.
Paramount pitches Netflix as a European Union nonstarter, but regulators seem unfazed — and Trump may be the only audience that matters.
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Choosing Netflix Over Paramount Was ‘Not a Hard Choice,’ Warner Bros. Discovery Board Chair Says
The rejection of Paramount comes as David Ellison has taken his all-cash, $30 per share bid directly to the media giant's shareholders
As the David Zaslav -led conglomerate aims to sell off studio and streaming assets to Netflix (unless David Ellison and Larry Ellison have something to say and bid about it), one of the CEO’s longest serving and closest aides is exiting. Former CNN COO David Leavy will be leaving WBD at the end of the year.
Paramount sent a letter from CEO David Ellison addressed to Warner Bros. Discovery shareholders that 'clearly sets out why Paramount’s $30.00 per share all-cash offer to acquire all of WBD is superior to WBD’s transaction with Netflix.
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David Ellison makes his case to the White House as Netflix bid for WBD edges out Paramount Skydance
Paramount Skydance chief David Ellison met with Trump officials and key lawmakers in Washington DC on Wednesday to press his case against Warner Bros. Discovery’s potential selection of Netflix as its merger partner – even as the streaming giant submitted a higher offer in the latest round of bidding, The Post has learned.
Wasting no time checking out their potential new home away from home, Netflix’s bosses Greg Peters and Ted Sarandos made a most awesome visit to the Warner Bros Discovery studio lot today with David Zaslav as tour guide.
If they are friends, I’d hate to see my enemies!” Trump, reportedly close friends with Larry Ellison, father of Paramount owner David, is changing tune.